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Dios Exploration Inc
Symbol DOS
Shares Issued 121,282,066
Close 2023-10-11 C$ 0.08
Market Cap C$ 9,702,565
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Dios Exploration acquires 52 claims at LeCaron project

2023-10-12 13:54 ET - News Release

Ms. Marie-Jose Girard reports

DIOS ENLARGES LECARON HIGH POTENTIAL LITHIUM PROPERTY, JAMES BAY QUEBEC

Dios Exploration Inc. has enlarged its wholly owned LeCaron lithium property, James Bay, Quebec, by adding 52 claims to LeCaron (27.5 square kilometres) for 156 claims (82.33 square km). LeCaron lithium property is located 15 km north-northeast of Eastmain EM-1 hydropower facilities, within the LaGrande geological subprovince, five km to 10 km from the Opinaca major contact.

The Lac LeCaron south lithium claim block covers a 15 km long prospective east-west section hosting pegmatitic Uskawasis2 granodiorite pluton with pegmatite pockets and (five per cent to 30 per cent) dikes at the margins of northeast-striking paragneisses and Anatacau-formation volcanic band. Research work completed by Dios regarding specific outcrops indicate there are more volcanics (greenstones) occurring than on official maps and the belt is longer. Dios enlarged LeCaron to cover these volcanics in the vicinities of a series of pegmatite and pegmatitic outcrops.

It is located along a cluster of lithium metal lake sediment anomalies (10.5 greater than Li (lithium) greater than eight parts per million (ppm)) combined with 13 anomalous Dios sampled tills (in heavy mineral fraction with values over 14 ppm Li and up to 29.5 ppm). Other anomalous critical elements (Cs (cesium) greater than two ppm, up to five ppm) were observed in lake sediments. Potassium/rubidium ratios are also indicative of evolved pegmatites.

Dios till samples of 30 kg (kilograms) (for diamond exploration) and assays had been completed by ICP (inductively coupled plasma) method on the heavy mineral fraction. Lithium is a light metal, so it is very significant to have such values in heavy mineral fraction. Furthermore, it was assayed by ICP method, which does not dissolve all lithium content (such as would peroxide fusion used in specific lithium exploration).

Located outside of the former Tyrell Sea, there is thus strong significance given to high secondary environment results (lake sediments and glacial till). Technical content of this release was prepared by H. Desbiens, MSc, PGeo, Dios's vice-president and qualified person in accordance with National Instrument 43-101.

LeCaron geochemical signature is comparable with the Pivert-Rose deposit and Pontax-lithium, with even higher values in secondary environment. Pontax-lithium was discovered and successfully drilled by Dios/Sirios Resources under supervision of Mr. Desbiens.

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